NOT LISTED FOR SALE

18 Pelicans Way N Bethany Beach, DE 19930

Estimated Value: $2,976,000 - $3,101,000

8 Beds
7 Baths
6,000 Sq Ft
$506/Sq Ft Est. Value

Last Sold April 24, 2018

Last sale price $2,250,000 $375 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $17,588/month

210 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Wood Flooring
  • Lord Baltimore Elementary School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of April 2018

It's the one you?ve been waiting for in Pelican's Pouch you?ll love the ocean views and cool breezes! This well-maintained beach home has an ideal layout including 8 bedrooms (6 en suite), elevator, 2 car garage, huge open kitchen, dining area & great room made for entertaining large groups. The newly finished top level of house offers terrific ocean views. This level of your new beach home can be enjoyed as your main master getaway, game room, home gym or if needed, you can easily convert the space into 2 large additional bedrooms & sitting area. Screened porch and plenty of sun decks on each level for everyone to spread out to enjoy the sunshine in the summer. Only steps to the ocean access, you won?t have far to walk to enjoy the beautiful private, guarded beach. Sold FULLY FURNISHED with rental potential of $17,000 per week during high season!

Last Agent to Sell the Property

Ann Raskauskas

BETHANY AREA REALTY LLC License #RB-0020092 Listed on: 09/05/2017

Last Buyer's Agent

Brigit Taylor

Keller Williams Realty License #RA-0020470

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,988

Year Built

  • Built in 1997

Lot Details

  • Sprinkler System
  • Cleared Lot
  • Zoning described as VACATION/RETIRE/RESIDENT

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Piling Construction
  • Stick Built Home

Interior Spaces

  • 6,000 Sq Ft Home
  • Property has 3 Levels
  • Elevator
  • Furnished
  • Gas Fireplace
  • Window Screens
  • Insulated Doors
  • Combination Kitchen and Dining Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • 7 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Electric Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Parking

  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Heat Pump System

Community Details

  • Pelicans Pouch Subdivision

Listing and Financial Details

  • Assessor Parcel Number 134-09.00-921.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,988

Year Built

Built in 1997

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: East of Rt 1
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Furnished
  • New Construction: No
  • Year Built: 1997
  • Remarks Public: It's the one you?ve been waiting for in Pelican's Pouch you?ll love the ocean views and cool breezes! This well-maintained beach home has an ideal layout including 8 bedrooms (6 en suite), elevator, 2 car garage, huge open kitchen, dining area & great room made for entertaining large groups. The newly finished top level of house offers terrific ocean views. This level of your new beach home can be enjoyed as your main master getaway, game room, home gym or if needed, you can easily convert the space into 2 large additional bedrooms & sitting area. Screened porch and plenty of sun decks on each level for everyone to spread out to enjoy the sunshine in the summer. Only steps to the ocean access, you won?t have far to walk to enjoy the beautiful private, guarded beach. Sold FULLY FURNISHED with rental potential of $17,000 per week during high season!
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer - Electric, Icemaker, Refrigerator, Microwave, Oven - Double, Washer
  • Flooring Type: Carpet, Hardwood, Tile/Brick
  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Dining, Pantry, Entry Level Bedroom, Elevator, Whirlpool/Hottub
  • Window Features: Screens
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated
  • Foundation Details: Pilings
  • Level Count: 4
  • Levels Count: 3+
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 6000
  • Living Area Sq Ft: 6000
  • Net Sq Ft: 6000.00
  • Price Per Sq Ft: 458.33
  • Above Grade Finished Sq Ft: 6000
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 18

Beds/Baths

  • Bedrooms: 8
  • Total Bathrooms: 7
  • Full Bathrooms: 7

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stick Built, Wood Siding
  • Construction Completed: Yes
  • Exterior Features: Lawn Sprinkler, Outside Shower
  • Roof: Architectural Shingle
  • View: Ocean
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Parking Features: Stone Driveway, Under Home Parking
  • Type Of Parking: Off Street, Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Heat Pump(s)
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Security Gate, Security System
  • Sewer/Septic System: Public Sewer
  • Water Sewer Expenses: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 2400.00
  • HOA Fee Frequency: Annually
  • Condo Co-Op Association: No
  • HOA: Yes
  • Association Recreation Fee: No

Schools

  • School District: INDIAN RIVER
  • School District Key: 300200396898

Lot Info

  • Lot Features: Cleared
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Deck(s), Porch(es), Screened
  • Zoning Description: VACATION/RETIRE/RESIDENT

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 134-09.00-921.00
  • County Tax Payment Frequency: Annually
  • Close Date: 04/24/2018

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2017
Closed on
Apr 24, 2018
Sold by
Gilbert T
Bought by
Omalley James B and Omalley Kara K
Seller's Agent
Ann Raskauskas
BETHANY AREA REALTY LLC
Buyer's Agent
Brigit Taylor
Keller Williams Realty
List Price
$2,900,000
Sold Price
$2,250,000
Premium/Discount to List
-$650,000
-22.41%
Total Days on Market
210
Current Estimated Value
$3,038,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,500
Avg. Annual Appreciation
4.31%

Purchase Details

Closed on
Jan 15, 1994
Bought by
Gilbert Juliana M (Trustee) & Gerald E G
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Omalley James B $2,250,000 --
Gilbert Juliana M (Trustee) & Gerald E G $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gerald E Gilbert Trust Dated May 17 2001 $635,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2018 04/24/18 Sold $2,250,000 -18.2% $375 / Sq Ft
04/03/2018 04/03/18 Pending -- -- --
02/15/2018 02/15/18 Price Changed $2,750,000 -5.2% $458 / Sq Ft
09/05/2017 09/05/17 For Sale $2,900,000 -- $483 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,988 $96,450 $17,900 $78,550
2023 $3,984 $96,450 $17,900 $78,550
2022 $3,919 $96,450 $17,900 $78,550
2021 $3,802 $96,450 $17,900 $78,550
2020 $3,628 $96,450 $17,900 $78,550
2019 $3,612 $96,450 $17,900 $78,550
2018 $3,647 $96,450 $0 $0
2017 $3,677 $96,450 $0 $0
2016 $3,240 $96,450 $0 $0
2015 $3,340 $96,450 $0 $0
2014 $3,290 $96,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ann Raskauskas

    Seller's Agent in 2018

    Ann Raskauskas

    BETHANY AREA REALTY LLC

    (302) 245-2154

    46 in this area

    85 Total Sales

    Ann Raskauskas
    Section Image
  • Brigit Taylor

    Buyer's Agent in 2018

    Brigit Taylor

    Keller Williams Realty

    (302) 500-0750

    1 in this area

    86 Total Sales

    Brigit Taylor
    Section Image
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Map

Source: Bright MLS

MLS Number: 1001032860

Bright MLS

APN: 134-09.00-921.00

Delaware Sussex County Bethany Beach 19930

18 Pelicans Way N, Bethany Beach, DE

This home is located at 18 Pelicans Way N, Bethany Beach, DE 19930 since 05 September 2017 and is currently estimated at $3,038,500, approximately $506 per square foot. This property was built in 1997. 18 Pelicans Way N is a home located in Sussex County with nearby schools including Lord Baltimore Elementary School, Selbyville Middle School, and Indian River High School.

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